TBEA Co., Ltd. (600089.SH) subsidiary won the exploration rights of a survey with a bid of 2.705 billion yuan.
Tebe Electric (600089.SH) announced that its holding subsidiary, Xinjiang Tianchi Energy Co., Ltd. (referred to as "Tianchi Energy Company"), recently participated in the bidding for the exploration and mining rights of Kumusu No. 5 well field in Santang Lake Mining Area, Balikun Kazakh Autonomous County, Xinjiang. On February 5, 2026, the Xinjiang Public Resource Trading Center issued a public announcement on the results of the auction of the exploration and mining rights of Kumusu No. 5 well field in the Santang Lake Mining Area of Balikun Kazakh Autonomous County in 2025, confirming Tianchi Energy Company as the successful bidder. The mineral to be explored is coal, and the transaction price is 2.705 billion RMB.
TBEA Co., Ltd. (600089.SH) announced that its subsidiary, Xinjiang Tianchi Energy Co., Ltd. ("Tianchi Energy"), recently participated in the bidding for the exploration and mining rights of the Kumusu No.5 wellfield in Santanghu Mining Area, Barkol Kazakh Autonomous County, Xinjiang. On February 5, 2026, the Xinjiang Public Resource Trading Center announced the results of the auction for the exploration and mining rights of the Kumusu No.5 wellfield in the Santanghu Mining Area, Barkol Kazakh Autonomous County in 2025, confirming Tianchi Energy as the winning bidder. The type of ore to be explored is coal, and the transaction price is 2.705 billion yuan.
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